The Strait of Hormuz, a narrow but crucial maritime corridor, is under global focus as tensions escalate in the Middle East. Nearly 84% of oil passing through the strait is headed to Asia, putting ...

ST. PETERSBURG, June 23. /TASS/. Kyrgyzstan has become connected to the Chinese cross-border interbank payment system CIPS, First Deputy Prime Minister of the republic Daniyar Amangeldiev told TASS in ...

The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action ...

Analysts with ING financial group outlined four possible avenues for Iran: full escalation that also draws in other nations ...

One clear sign of the region’s uncertainty impacting upon vessel movements are reports of an increasing number of crude oil ...

President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices ...

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The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well ...

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

Photo: Alamy President Donald J. Trump warned global oil producers to hold back from making moves that would increase ...

Foreign Ministry spokesman Guo Jiakun said on Monday that it is in the common interests of the international community to ...

The calming in the oil market came as several analysts said Iran would likely refrain from closing the waterway. Iran itself ...